Category Archives: Uncategorized

Is there a fairness instinct or a gene for fairness?

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Bad bet?

Did the L.A. Lakers just make a really bad bet? A few days ago, the Lakers and Kobe Bryant agreed to a two-year, $48.5 million contract extension. This is no doubt a great deal for the Black Mamba, but is #24, who … Continue reading →

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Are babies Bayesians?

At its core, Bayes’ theorem is not just a mathematical equation, a formal method for making predictions; it is also a probabilistic and dynamic way of looking at the world. The essence of this approach is the process of Bayesian … Continue reading →

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Why Exams Should be Open Book

Originally posted on Cheap Talk:
Writing and studying for an exam is a game played between Professor and student.  In this game the Professor has to pick which questions to ask and the student has to pick which topics to…

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How bad is Yahoo Mail?

According the website AllThingsD, executives at Yahoo! recently sent out this nasty and morale-shrinking email taking their underlings to task for not using their own company’s email service “Yahoo! Mail.” According to the internal email, “it’s a matter of principle to use the … Continue reading →

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The law and economics of Star Trek

Several “Star Trek scholars”–including Matthew Yglesias, Rick Webb, and Joshua Gans–have recently speculated about the economics of Star Trek. How does the economy (and legal system, we would add) work in the world of Star Trek? Does the United Federation of … Continue reading →

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What’s up with Jay Z?

prior probability is a big fan of Jay Z, but his recent mishaps are causing us to update our “Jayzian” priors.  For example, we were disappointed when Jay Z visited socialist Cuba last spring but did not use this opportunity … Continue reading →

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“So what really happened that day …?”

Is the lone gunman theory more or less probable than Oliver Stone’s conspiracy theory?

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The strategy of “nettlesomeness”

A few days ago, Tyler Cowen, an economist at George Mason University, used the word nettlesomeness to describe Magnus Carlsen‘s chess-playing strategy during the first half of the 2013 World Chess Championship in Chennai, India between Viswanathan Anand (winner of the 2012 World … Continue reading →

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“We don’t stop playing because we grow old …

… we grow old because we stop playing.” –George Bernard Shaw

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